Ramaco Resources Reaches Analyst Target Price
January 19, 2018 at 09:28 AM EST
In recent trading, shares of Ramaco Resources Inc (METC) have crossed above the average analyst 12-month target price of $8.38, changing hands for $8.89/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..